The EURNZD succeeded in getting rid of the negative pressure, to end the bearish corrective track by providing new positive close above the extra support at 2.0050, forming bullish waves and its stability near 2.0115.

 

Note that the main stability within the bullish channel’s levels, and stochastic attempt to provide positive momentum will assist to confirm the bullish scenario, which might target 2.0215 and 2.0295.

 

The expected trading range for today is between 2.0070 and 2.0215

 

Trend forecast: Bullish